Family income

IMPACT OF SOCIO-ECONOMIC STATUS ON THE EDUCATIONAL PERFORMANCE OF UNIVERSITY OF BENIN STUDENTS, BENIN CITY, EDO STATE, NIGERIA.

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Abstract
The study looked at the impact of socio-economic status on educational performance of University of Benin students, Benin City, Edo state, Nigeria. The objective of this study was to evaluate the impact of socio-economic status on educational performance of University of Benin students, Benin city. The research questions asked to achieve the objective of the study were as follows; To what extent do socio- economic factors such as family income and parental education level correlate with academic performance metrics like GPA and graduation rates among students at the University of Benin, What are the roles of income on the academic performance of students at the University of Benin, What are the impact of family background on academic performance and In what ways do socio-economic factors interact with other student success factors, such as study habits, learning styles, and access to mental health resources, to influence academic performance at the University of Benin.The sample size was 301 participants chosen from the study population using the Proportionate Stratified Random Sampling, the research instrument utilized was the questionnaire. Conclusion drawn from the analysis of the data retrieved from the questionnaire indicates that Understanding these challenges is crucial for developing targeted interventions aimed at fostering a more equitable learning environment at UNIBEN. The proposed interventions fall within three broad categories: financial support, academic support, and social support. Financial support initiatives range from need-based scholarships and grant programs to financial literacy workshops. Academic support services can include tutoring programs, supplemental instruction sessions, and writing center resources. Social support interventions encompass mentorship programs specifically designed for low-SES students, fostering peer support groups, and creating racially inclusive student organizations. Recommendations were made based on the findings and one of the recommendations: Universities should prioritize expanding need-based scholarships and grant programs specifically designed to support low-SES students. These programs should account for the full cost of attendance, encompassing tuition fees, living expenses, and the cost of essential academic resources like textbooks and technology. Partnering with corporations, foundations, and alumni associations can further bolster scholarship opportunities
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